Accrued Performance Fees (Tables)

6 Months Ended

Jun. 30, 2017

Deferred Costs [Abstract]

Components of accrued performance fees

The components of accrued performance fees are as follows:

	As of
	June 30, 2017		December 31, 2016
	(Dollars in millions)
Corporate Private Equity	$	2,076.5	$	1,375.4
Real Assets	573.3		483.4
Global Market Strategies	86.3		68.6
Investment Solutions	628.4		553.7
Total	$	3,364.5	$	2,481.1

Components of accrued giveback obligations

The components of the accrued giveback obligations are as follows:

	As of
	June 30, 2017			December 31, 2016
	(Dollars in millions)
Corporate Private Equity	$	(4.6	)	$	(3.9	)
Real Assets	(157.6		)	(156.9		)
Total	$	(162.2	)	$	(160.8	)

Performance fees included in revenues

The performance fees included in revenues are derived from the following segments:

	Three Months Ended June 30,				Six Months Ended June 30,
	2017		2016		2017		2016
	(Dollars in millions)
Corporate Private Equity	$	419.8	$	69.1	$	987.8	$	96.6
Real Assets	81.7		115.5		139.5		217.7
Global Market Strategies	13.6		7.4		33.6		9.0
Investment Solutions	28.5		18.9		64.3		32.8
Total	$	543.6	$	210.9	$	1,225.2	$	356.1